Canadian Dollar Falls As Oil Prices Tumble, Trade Worries Mount ForexTV.com The Canadian dollar fell against its major counterparts in the European session on Thursday, as… Read More:
Category: US & GLOBAL ECONOMY
Peso rises slightly on fresh RRR cuts, oil prices – BusinessWorld Online
Peso rises slightly on fresh RRR cuts, oil prices BusinessWorld Online THE PESO strengthened against the greenback on Thursday as global crude oil prices declined and… Read More:
What’s moving markets today: Live updates – CNN
What’s moving markets today: Live updates CNN CNN Business’ Christine Romans says that trade wars are not easy to win , even though President Donald Trump… Read More:
Kontoor Trading Down in Stock Market Debut – WWD
Kontoor Trading Down in Stock Market Debut WWD Kontoor Brands Inc., the jeans spin-off of VF Corp., began trading as a public company in its own… Read More:
Trade Wars Weighing on Global Economy, WTO Chief Azevedo Warns – Bloomberg Tax
Trade Wars Weighing on Global Economy, WTO Chief Azevedo Warns Bloomberg Tax President Donald Trump’s trade conflicts are harming the global economy and must be diffused… Read More:
Trade tensions, soaring U.S. stockpiles send crude oil prices plunging – Seeking Alpha
Trade tensions, soaring U.S. stockpiles send crude oil prices plunging Seeking Alpha Crude oil prices are on pace for their biggest daily and weekly declines in… Read More:
Stock Market Sells Off, As Dow Jones Falls More Than 300 Points – Investor’s Business Daily
Stock Market Sells Off, As Dow Jones Falls More Than 300 Points Investor’s Business Daily The Dow Jones industrials sold off more than 300 points in… Read More:
Escalating U.S.-China trade threats stagger global markets; Dow slumps more than 400 – The Washington Post
Escalating U.S.-China trade threats stagger global markets; Dow slumps more than 400 The Washington Post Global markets sagged Thursday as uncertainty over trade relations between the… Read More:
U.S. manufacturing PMI slumps to nine-year low in May – MarketWatch
U.S. manufacturing PMI slumps to nine-year low in May MarketWatch Faced with less demand from customers and a flareup in U.S.-China trade tensions, American businesses grew… Read More:
Trade war could split apart ‘delicate’ world economy, IMF warns – Telegraph.co.uk
Trade war could split apart ‘delicate’ world economy, IMF warns Telegraph.co.uk The US-China trade war will damage global economic growth, split supply chains and push up… Read More:
European Central Bank more concerned about growth rebound – KSL.com
European Central Bank more concerned about growth rebound KSL.com Officials at the European Central Bank at their last meeting had grown more concerned about chances for… Read More:
Somerville bank robbery suspect arrested in RI after 3-week manhunt – Boston 25 News
Somerville bank robbery suspect arrested in RI after 3-week manhunt Boston 25 News The man accused of robbing a Somerville bank and shooting at police officers… Read More:
Energy stocks lead S&P 500 sectors lower, as crude oil prices fall sharply again – MarketWatch
Energy stocks lead S&P 500 sectors lower, as crude oil prices fall sharply again MarketWatch Energy stocks were leading the broader stock market’s declines Thursday, as… Read More:
People & Profit – Trade threat: OECD warns higher tariffs could derail ‘fragile’ world economy – FRANCE 24
People & Profit – Trade threat: OECD warns higher tariffs could derail ‘fragile’ world economy FRANCE 24 “The world economy is in a dangerous place.” The… Read More:
The Booming U.S. Stock Market… Will It Last? – Seeking Alpha
The Booming U.S. Stock Market… Will It Last? Seeking Alpha After realizing an 18% average annualized total return for the ten-year period through April 2019, U.S.… Read More:
Stock market down today as U.S.-China trade war takes center stage – CBS News
Stock market down today as U.S.-China trade war takes center stage CBS News Investors are preparing for the trade war to become entrenched, impacting consumer spending… Read More:
Police seek help finding man wanted in connection with Dorchester bank robbery – Boston 25 News
Police seek help finding man wanted in connection with Dorchester bank robbery Boston 25 News Police are seeking the public’s help locating a man wanted for… Read More:
Deutsche Bank CEO pledges tough investment bank cuts as shares hit low – Yahoo Finance
Deutsche Bank CEO pledges tough investment bank cuts as shares hit low Yahoo Finance Deutsche Bank’s chief executive promised shareholders “tough cutbacks” at its underperforming investment… Read More:
‘Whack-a-Mole’ Stock Market Is Now Getting Hit From All Sides – Bloomberg
‘Whack-a-Mole’ Stock Market Is Now Getting Hit From All Sides Bloomberg There’s the trade war, the escalating conflagration in Washington, near-anarchy in the U.K. and tensions… Read More:
MIDEAST STOCKS-Oil price fall weighs on Saudi while blue chips gain in Egypt – Reuters Africa
MIDEAST STOCKS-Oil price fall weighs on Saudi while blue chips gain in Egypt Reuters Africa 2 of trading * El Sewedy extends gains on new firm… Read More:
Oil Prices Hit 2-Month Low as Stockpiles Play to Trade War Fears – Investing.com
Oil Prices Hit 2-Month Low as Stockpiles Play to Trade War Fears Investing.com Investing.com — Crude oil prices fell sharply to their lowest since March on… Read More:
Indian stock market party for Modi is brief as big challenges remain – CNN
Indian stock market party for Modi is brief as big challenges remain CNN A landslide victory for India’s Prime Minister Narendra Modi briefly sent the country’s… Read More:
American consumers are biggest losers in US-China trade war, IMF says – South China Morning Post
American consumers are biggest losers in US-China trade war, IMF says South China Morning Post Research from the International Monetary Fund finds that US importers ‘almost… Read More:
Trade Is Doing Damage to the Global Economy, UBS’s Brown Says – Bloomberg
Trade Is Doing Damage to the Global Economy, UBS’s Brown Says Bloomberg Evan Brown, head of multi-asset strategy at UBS Asset Management, discusses the market and… Read More:
GBPUSD Volatility Rising, CAD Drops as Oil Prices Collapse – US Market Open – DailyFX
GBPUSD Volatility Rising, CAD Drops as Oil Prices Collapse – US Market Open DailyFX JPY / CHF: Risk aversion is evident across financial markets with both… Read More:
Stock Market News For May 23, 2019 – Zacks.com
Stock Market News For May 23, 2019 Zacks.com Wall Street closed in negative territory as the trade conflict between the United States and China worsened. Read… Read More:
Trump’s trade war is suffering mission creep – Yahoo Finance
Trump’s trade war is suffering mission creep Yahoo Finance Pop quiz: What is the purpose of President Trump’s trade dispute with China? If you’ve been following… Read More:
Glimmer of hope for victims of online banking fraud – Business Day
Glimmer of hope for victims of online banking fraud Business Day A few case studies included in the latest annual report by the Ombudsman for Banking… Read More:
Secretary of State Pompeo says he’s confident the oil market is well supplied despite Iran tensions – CNBC
Secretary of State Pompeo says he’s confident the oil market is well supplied despite Iran tensions CNBC Secretary of State Mike Pompeo told CNBC on Thursday… Read More:
Azerbaijani oil prices down – MENAFN.COM
Azerbaijani oil prices down MENAFN.COM (MENAFN – Trend News Agency) Baku, Azerbaijan, May 23. Trend: The price of the AZERI LT CIF oil produced at Azeri-Chirag-Gunashli… Read More:
Which Oil-Weighted Stocks to Avoid amid Oil’s Decline? – Market Realist
Which Oil-Weighted Stocks to Avoid amid Oil’s Decline? Market Realist The following oil-weighted stocks could be sensitive to oil’s price movements based on their correlations with… Read More:
Stock market investing tips: What to buy right now, according to BAML – Business Insider
Stock market investing tips: What to buy right now, according to BAML Business Insider BAML argues that a previously downtrodden area of the stock market is… Read More:
Man accused of robbing banks by threat of bomb faces federal charges – MLive.com
Man accused of robbing banks by threat of bomb faces federal charges MLive.com The defendant is accused in bank heists in Berrien, Kalamazoo and Kent counties.… Read More:
Metallica star lends hand at Bay Area food bank – East Bay Times
Metallica star lends hand at Bay Area food bank East Bay Times Lars Ulrich, drummer of the Bay Area’s legendary hard rock band Metallica, has a… Read More:
Trump+Taxes+Deutsche Bank+Mnuchin+Barr = Cover-Up – Bloomberg
Trump+Taxes+Deutsche Bank+Mnuchin+Barr = Cover-Up Bloomberg For a White House that’s as dedicated to “transparency” as this one, there sure are a lot of things being kept… Read More:
Trump car tariffs would be a ‘first-order slap in the economic face,’ Citi’s Buiter says – CNBC
Trump car tariffs would be a ‘first-order slap in the economic face,’ Citi’s Buiter says CNBC The global economy would be hit hard if President Donald… Read More:
Rabobank is the second major bank to cancel its cryptocurrency wallet – The Next Web
Rabobank is the second major bank to cancel its cryptocurrency wallet The Next Web After exploring the opportunity last year, major Dutch bank Rabobank has decided… Read More:
Peek inside Bank of America’s new downtown office tower – Chron
Peek inside Bank of America’s new downtown office tower Chron Downtown’s newest office building has a new name: Bank of America Tower. The Charlotte, N.C.-based bank… Read More:
Top US commander warns Maduro ‘mafia’ poses threat beyond Venezuela | TheHill – The Hill
Top US commander warns Maduro ‘mafia’ poses threat beyond Venezuela | TheHill The Hill The ongoing crisis in Venezuela is boiling over and aggravating security concerns… Read More:
German Economy Suffers Another Blow as Business Confidence Drops – Yahoo Finance
German Economy Suffers Another Blow as Business Confidence Drops Yahoo Finance (Bloomberg) — German business confidence fell to the weakest in more than four years as… Read More:
Eurozone economy cooling after strong start to ’19 – MarketWatch
Eurozone economy cooling after strong start to ’19 MarketWatch The eurozone economy appears to be slowing after a surprise rebound at the start of the year,… Read More:
What Narenda Modi’s Victory Means for the Global Economy – Yahoo Finance
What Narenda Modi’s Victory Means for the Global Economy Yahoo Finance Indians and foreign investors are hopeful about another five years with Modi, but will he… Read More:
Is it the Fed or is it the Trump? Here’s the Truth. – The Great Recession Blog
Is it the Fed or is it the Trump? Here’s the Truth. In this round of Truth or Trump, Trump clearly wins. First, look at… Read More:
Fed Med is Dead: How We Went from Fake Recovery to Freefall – The Great Recession Blog
Until you got to this tax and spending deal a year ago, it was one of the most hated bull markets. The markets steadily climbed… Read More:
Big Stocks Rock NASDAQ as Two FAANGs Bite the Dust – The Great Recession Blog
Big Stocks Rock NASDAQ as Two FAANGs Bite the DustTwo of the original FAANG stocks that carried the US stock market higher throughout the Fed’s… Read More:
Housing Market Collapse 2.0 Accelerates Rapidly! – The Great Recession Blog
Just ten days ago, your Lone Ranger here laid out why one should see the barely beginning downturn of the housing market in Seattle as… Read More:
An exodus from Venezuela has prompted Latin America’s biggest migration crisis in decades – The Washington Post
The exodus is Latin America’s biggest migration crisis in decades. Source: An exodus from Venezuela has prompted Latin America’s biggest migration crisis in decades –… Read More:
Stock Market Volatility Attributed to Shenanigans
Technical expert Michael Ballanger explores the maneuvering he believes underlies current market fluctuations. Source: Stock Market Volatility Attributed to Shenanigans
US Stock Market in Position for Downwave #2
Technical analyst Clive Maund explains why he believes the stock market rally of the past couple of weeks is not a resumption of the bull… Read More:
Asian Stock Markets Gain After Wall Street Rally | Business News | US News
Asian stock markets have risen following Wall Street’s rally as investors look ahead to the U.S. Federal Reserve chairman’s congressional testimony for insights into its… Read More:
The U.S. Economy Is Suffering from Low Demand. Higher Wages Would Help
According to a yearlong exploration of the productivity puzzle. Source: The U.S. Economy Is Suffering from Low Demand. Higher Wages Would Help
UK economic growth revised downwards – BBC News
Economic growth was a worse than expected 0.4% in the last three months of 2017, official figures say. Source: UK economic growth revised downwards –… Read More:
Fed Officials Say Economy Is Ready for Higher Rates – The New York Times
The Fed has gained confidence the economy is strong enough to continue raising interest rates, according to the minutes of its most recent meeting. Read… Read More:
Premarket: Stocks dip; Germany’s diesel decision; British American Tobacco stock suffers – Feb. 22, 2018
Here’s what you need to know about the markets before you start your business day. 1. Negative sentiment takes hold: US stock futures are pointing down again,… Read More:
Epochal Stock Market Flash Crash Reconnects Stocks and Bonds, Portends End of Fake Recovery – The Great Recession Blog
It took sixteen months to build the exceptionally steep Trump Rally, and just one week to eliminate a quarter of it. While I wouldn’t call that… Read More:
Stocks shrug off pop in rates, Dow up more than 100 points
Stocks rose in choppy trade Wednesday as Wall Street tried to build on the strong gains set in the previous session. Source: Stocks shrug off… Read More:
Get Ready for Most Cryptocurrencies to Hit Zero, Goldman Says – Bloomberg
The tumble in cryptocurrencies that erased nearly $500 billion of market value over the past month could get a lot worse, according to Goldman Sachs… Read More:
Dow plunges 1,175 — worst point decline in history
Asian shares fell sharply on Tuesday after Wall Street suffered its biggest decline since 2011 as investors’ faith in markets began to crumble. Japan’s Nikkei… Read More:
Government set to borrow nearly $1 trillion this year, an 84 percent jump from last year
It was another crazy news week, so it’s understandable if you missed a small but important announcement from the Treasury Department: The federal government is… Read More:
Former Fed Chair Alan Greenspan Sees Bubbles in Stocks and Bonds – Bloomberg
The man who made the term “irrational exuberance” famous says investors are at it again. Source: Former Fed Chair Alan Greenspan Sees Bubbles in Stocks… Read More:
U.S. Oil Production Tops 10 Million Barrels A Day for First Time Since 1970 – WSJ
U.S. oil production surpassed 10 million barrels a day in November for the first time in nearly 50 years, a milestone that underscores the growing… Read More:
Cryptocurrencies crash after India vows to eliminate their use — RT Business News
Cryptocurrencies crash after India vows to eliminate their use Source: Cryptocurrencies crash after India vows to eliminate their use — RT Business News
Investors dump US dollar & rush to gold — RT Business News
The gold price rose to its highest level in more than a year on Thursday as investors seek a safe haven after the US dollar… Read More:
One person was already able to ‘shoplift’ from Amazon Go
On Monday, Amazon Go, the company’s new cashier-less mini-market opened in downtown Seattle, showing the world what retail shopping in the future could look like.… Read More:
Sugar sticker shock in Seattle: New tax on sweetened beverages more than DOUBLES the price on some items – NaturalNews.com
Sugar sticker shock in Seattle: New tax on sweetened beverages more than DOUBLES the price on some itemsMonday, January 15, 2018 by: Isabelle Z. Tags:… Read More:
U.S. oil industry set to break record, upend global trade
U.S. and Global Economy U.S. oil industry set to break record, upend global trade Liz Hampton8 MIN (Reuters) – Surging shale production is poised to… Read More:
Dow Industrials Top 26000 for First Time as Earnings Season Ramps Up – WSJ
Dow Industrials Top 26000 for First Time as Earnings Season Ramps UpDollar rebounds from a three-year low, while bitcoin’s selloff accelerates The Dow Jones Industrial… Read More:
What is Behind the Diplomatic Rush of Gulf countries ?
Saudi Arabia, Bahrain, the United Arab Emirates (UAE), Egypt, Yemen, Libya, the Maldives and Mauritania announced on Monday an extraordinary step of cutting off diplomatic… Read More:
Qatari policy on refugees and security in the Middle East
According to Gulf Times, The Emir of Qatar, Sheikh Tamim bin Hamad al-Thani, called for a political settlement of the conflict in Syria, where millions… Read More:
U.S. Conceal the Economic Causes of the Airstrike
According to the Video clips Editor at the Financial Times, Jamie Han, tensions around Syria are rising with every passing day. The second U.S.-led attack… Read More:
US-led Coalition Airstrike On Assad’s Forces Was Not Accidental
On May 18, the moving convoy of the Syrian pro-government forces consisted of militias was hit by a massive airstrike of the U.S.-led international coalition.… Read More:
INVESTIGATION: Route of Bulgarian Weapon Deliveries to Syrian Islamists Exposed
Inside Syria Media Center has conducted an investigation to expose a U.S.-backed of weapon supplies to the al-Qaeda group in Syria. The suppliers list starts… Read More: